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Orange County Arts Commission E- Newsletter <br />Page 2 of 4 <br />nonprofit arts and culture organizations plus an additional $74.1 billion by their audiences - <br />supported 4.1 million full -time equivalent jobs and generated $22.3 billion in federal, state <br />and local tax revenues. <br />"This study shines a much - needed light on the vital role the arts play in stimulating and sustaining <br />economic development," says Robert L. Lynch, President and CEO of Americans for the Arts. <br />"Contrary to popular belief, the arts are a bustling industry that supports a plethora of diverse jobs, <br />generates significant revenues for local businesses and to federal, state and local governments <br />and provides quality of life that positions communities to compete in our 21 st century creative <br />economy." <br />Arts Industry Boon for Local Businesses <br />In addition to spending by organizations, the nonprofit arts and culture <br />industry leverages $21.5 million in event - related spending by its <br />audiences. <br />As a result of attending a cultural event, attendees often eat dinner in local restaurants, pay for <br />parking, buy gifts and souvenirs, and pay a babysitter. What's more, attendees from out of town <br />often stay overnight in a local hotel. In Orange County, NC, these dollars support 643 full -time <br />equivalent jobs and generate $2.5 million in local and state government revenues. <br />The Arts & Economic Prosperity W study was conducted by Americans for the Arts and <br />supported by The Ruth Lilly Fund of Americans for the Arts. Americans for the Arts' local, <br />regional, and statewide project partners contributed both time and financial support to the study. <br />NATIONAL RESULTS <br />www.AmericansForTheArts.org/Economicimpact <br />NORTH CAROLINA RESULTS <br />www.ncarts.org/freeform—scrn—template.cfm?ffscrn—id=650 <br />ORANGE COUNTY, NC RESULTS <br />www.artsorange.org/index-4extra.htmi <br />Arts&Econo *ic <br />Prosperity1V <br />A Project of Americans for the Arts <br />Orange County, NC Reports and Sample Surveys Used <br />Orange County, NC reports and sample surveys used in this study can be found on the <br />Orange County Arts Commission's website at wvvw.artsorange.org. <br />Final Report /Orange County, NC <br />www.artsorange.org/NC—OrangeCounty_AEP4—FinalReport.pdf <br />Summary of Findings/Orange County. NC LE <br />www.artsorange.org/NC—OrangeCounty—AEP4—SummaryOfFindings.pdf <br />file://S:\Arts Commission\New OCAC Web Template\ 6889\ without_flash\html \e- newslett... 6/18/2012 <br />